Category : Reports

Economic and Fiscal Update 2021: Issues for Parliamentarians

This report highlights key issues arising from the 2021 Economic and Fiscal Update to assist parliamentarians in their budgetary deliberations.

Fiscal Analysis of Proposed Premium Reduction for Mortgage Insurance

This note provides fiscal analysis of the Government’s proposal to reduce mortgage insurance premiums collected by the Canada Mortgage and Housing Corporation (CMHC).

The Polar Icebreaker Project: A Fiscal Analysis

This report provides an independent cost estimate of the Development and Acquisition phases of the Polar Icebreaker Project. The Polar Icebreaker Project aims to replace the Canadian Coast Guard’s existing fleet of heavy icebreakers with two new heavy icebreakers built to modern specifications.

Estimating the top tail of the family wealth distribution in Canada: updates and trends

Senator Rosa Galvez requested that the PBO update the High-net-worth Family Database for the year 2019 and that the same methodology be applied to previous years in order to study the trends in the distribution of Canadian net wealth. PBO applies a modelling approach from a past report to estimate the top tail of the family wealth distribution in Canada for the year 2019. The approach is also applied to the years 1999, 2012, and 2016 in order to study the trends in wealth held by the wealthiest families in Canada. This report provides the details of the update and the results.

Supplementary Estimates (B) 2021-22

This note presents a detailed analysis of the Government’s second Supplementary Estimates for the 2021-22 fiscal year, which seeks Parliament’s approval of $8.7 billion.

Energy sector and agriculture: federal revenue forgone from tax provisions

Senator Rosa Galvez requested that the PBO estimate the cost of tax provisions specific to fossil fuel development including the deduction of resource related expenses and incentives for liquid natural gas (LNG) capital investment. She also requested an estimate of the lost revenue from exemptions to the carbon levy for agriculture. This report provides estimated revenue impacts for the items requested.

Clean Water for First Nations: Is the Government Spending Enough?

This report builds on the PBO’s 2017 report and responds to a request from Senator Renée Dupuis to examine budget sufficiency for First Nations water and wastewater systems on reserve.

Expanded Fiscal Analysis of Federal Pay Equity

During the 43rd Parliament, Ms. Jag Sahota, M.P. (Calgary Skyview), Ms Nelly Shin, M.P. (Port Moody - Coquitlam) and The Honourable Alice Wong, M.P. (Richmond Centre) requested the PBO provide an update to his report Fiscal Analysis of Federal Pay Equity, particularly in reference to regulations related to the Pay Equity Act posted in the Canada Gazette.

Assessing the Insurance Properties of the Fiscal Stabilization Program

This report assesses the insurance properties of the Fiscal Stabilization Program, its recent changes and proposed modifications.

Bill C-83 and the Cost of Structured Intervention Units

This report provides an updated estimate on Bill C-83 and the cost of implementing structured intervention units in federal correctional institutions. This report was prepared at the request of Senator Kim Pate.